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20110727
20110727
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KGO (ABC) 1
WJLA (ABC) 1
WMAR (ABC) 1
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Search Results 0 to 2 of about 3 (some duplicates have been removed)
ABC
Jul 27, 2011 2:35am EDT
from the troop drawdown from iraq and afghanistan. >> it as $2.7 trillion increase in the debt ceiling with highly suspect spending reduction features. >> reporter: with a week to go until the august 2nd deadline when the government runs out of money, this exercise in capital brinksmanship is literally spending the treasury down to its last dollars. >> we've been hearing for weeks about this augusted 2 deadline but apparently the feds may have this extra cash. the government could pay its bills past august 2nd but still it doesn't really make this any less intense. >> thanks to a little number crunching by the treasury department, there does seem to be a little leeway. it still needs to get done. >> some deal hopefully in the works, we'll see. >>> one side effect of the big debt battle believe it or not is an increase in airline fares. they were put in place last weekend to make up for taxes that expired because washington just can't get its act together with anger over the increases now growing, some senators are demanding that airlines either roll them back or use the money t
Search Results 0 to 2 of about 3 (some duplicates have been removed)